Binghamton Hots vs Burger 21 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Binghamton Hots vs Burger 21 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Binghamton Hots Burger 21
Investment 122850 - 213450 448247 - 1175164
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 2% 1% -3%
Year Founded 0 2010
Year Franchised 0 2011
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Binghamton Hots Burger 21
Experience Some familiarity with restaurant operations is helpful, but it s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate.

Financing Options

  Binghamton Hots Burger 21
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Binghamton Hots Burger 21
Training Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
Support We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis. *An online asset management tool offered to provide franchisees with access to system-wide marketing materials and the ability to customize these materials *Corporate and onsite training programs that are designed to help implement a standardized operating system *A Franchise Business Consultant (FBC) who is assigned to each franchisee to assist with business start-up and growth *Assistance from the FBC with financial analysis, operations evaluations, strategic planning and brainstorming of new ideas
Marketing
Operations

Expansion Plans

  Binghamton Hots Burger 21
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Binghamton Hots
Burger 21
Franchise Fee
Binghamton Hots
Burger 21
Royalty Fee
Binghamton Hots 5%
Burger 21 5%
Advertising Fee
Binghamton Hots 2%
Burger 21 1% -3%
Year Founded
Binghamton Hots 0
Burger 21 2010
Year Franchised
Binghamton Hots 0
Burger 21 2011
Term Of Agreement
Binghamton Hots 10 years +5+5
Burger 21 10 years
Renewal Fee
Binghamton Hots
Burger 21


Business Experience Requirements

Experience
Binghamton Hots Some familiarity with restaurant operations is helpful, but it s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate.
Burger 21

Financing Options

 
Franchise Fees
Binghamton Hots No
Burger 21 No
Start-up Costs
Binghamton Hots
Burger 21
Equipment
Binghamton Hots}
Burger 21
Inventory
Binghamton Hots
Burger 21
Receivables
Binghamton Hots
Burger 21
Payroll
Binghamton Hots
Burger 21

Training & Support

Training
Binghamton Hots Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
Burger 21
Support
Binghamton Hots We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis.
Burger 21 *An online asset management tool offered to provide franchisees with access to system-wide marketing materials and the ability to customize these materials *Corporate and onsite training programs that are designed to help implement a standardized operating system *A Franchise Business Consultant (FBC) who is assigned to each franchisee to assist with business start-up and growth *Assistance from the FBC with financial analysis, operations evaluations, strategic planning and brainstorming of new ideas
Marketing
Binghamton Hots
Burger 21
Operations
Binghamton Hots
Burger 21

Expansion Plans

US Expansion
Binghamton Hots Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Burger 21 Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Binghamton Hots
Burger 21
International Expansion
Binghamton Hots
Burger 21